[Daily Academy] How are virtual assets taxed? In many countries, the act of trading, spending, or selling digital assets is subject to taxation. To calculate taxes, capital gains and losses must be considered. If you receive virtual assets as payment or rewards, you may need to pay income tax. Since tax laws vary by jurisdiction, it is advisable to consult a tax professional for accurate tax calculations and understanding. 📖Check out the expert content at Gopax Academy: